The proportion of independent audit committee members shall meet or exceed the following criteria:

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Terms Used In South Dakota Codified Laws 58-43-16.9

  • written: include typewriting and typewritten, printing and printed, except in the case of signatures, and where the words are used by way of contrast to typewriting and printing. See South Dakota Codified Laws 2-14-2

Prior Calendar Year Direct Written and Assumed Premiums

$0–$300,000,000

Over $300,000,000–

Over $500,000,000

$500,000,000

No minimum requirements. See also Note A and B.

Majority (50% or more) of members shall be

Supermajority of members (75% or more) shall be

independent. See also Note

independent. See also Note

A and B.

A.